Rodriguez Corporation issues 17,000 shares of its common stock for $195,700 cash on February 20. Prepare journal entries to record this event under each of the following separate situations.

1. The stock has a $10 par value.
2. The stock has neither par nor stated value.
3. The stock has a $5 stated value.

Record the issue of 17,000 shares of $10 par value common stock for $195,700 cash.

Record the issue of 17,000 shares of no-par, no-stated value common stock for $195,700 cash.

Record the issue of 17,000 shares of $5 stated value common stock for $195,700 cash.